Changes to the Terms and Conditions of Rendering Investment Service of KIT Finance Europe

Dear Clients,

We would like to inform you about the changes to the Terms and Conditions of Rendering Investment Service of KIT Finance Europe and related Appendixes coming into force as of 01/07/2014.

We constantly aim to improve our service and strenghten our risk management. Thus, we have prepared new edition of Terms and Conditions, which includes the folllowing amendments:

• the order of consideration of requests concerning the increase of marginal lending (item 8 of Terms and Conditions) was simplified clarifications we added in Section 5 of Terms and Conditions and were concerned with the provision of access to financial instrument transactions depending on experience and qualification of the client. Similarly, clarifications we added
• to the restriction of access to the sale of option contracts
• the tariff policy of the Investment Firm (item 14 of Terms and Conditions) was amended.

In the course of new tariff policy, starting from the 1st July 2014 a new line of standard tariff rates is entered for custodial services as well as for transactions with equities and other financial instruments.

In particular, KIT-General becomes the standard tariff of the Investment Firm. In case of provision of services not specified in Your tariff, commission of the Investment Firm as well as payment of expenses will be calculated at the rates of KIT-General, if other is not explicitly stated in the agreement, Terms of Conditions or Your tariffs.

Please pay attention, however, that we are always glad to prepare for You the individual tariff proposal, depending on Your trade profile and investment purposes!

Please be informed about brokerage and custodial tariffs for electronic as well as voice execution of orders and other transactions on global markets.